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21. Hospitals' Medicare Advantage problem hits an inflection point
... are occupied and will result in layoffs. Its CEO laid blame on Medicare Advantage, saying, "All the nice-to-haves are being taken out by the lack of insurance payment and the lack of reimbursement." In ...05 April 2024 -
22. 2 Nebraska hospitals abruptly close, 72 laid off
... Hospital Systems. The closures resulted in around 72 layoffs, Henry Higgins, MD, CEO of Family Hospital Systems, confirmed with Becker's. "We did not want to close them," Dr. Higgins said. "We were ...05 April 2024 -
23. 7 things to know about Risant Health
... of give it that turbo-boost, if you will, enhancing all those capabilities that I described earlier." He said the transition will not involve layoffs, but over time, as it looks to improve quality and ...02 April 2024 -
24. Saltzer Health sells 4 care facilities
... Health filed a WARN notice Jan. 22 for its Meridian surgery center indicating 216 layoffs. "Saint Alphonsus intends to employ all ambulatory surgery colleagues who remain in good standing and meet their ...02 April 2024 -
25. A look at Amazon's healthcare move
From conducting layoffs in its One Medical unit to training an AI chatbot to handle incoming patient messages, here are eight of Amazon's healthcare moves reported by Becker's since January: Amazon Pharmacy ...01 April 2024 -
26. Intermountain Idaho physician group closes; 10 locations affected
... comprised 10 locations, a spokesperson for the group confirmed with Becker's. The physician group filed a WARN notice Jan. 22 for its Meridian surgery center indicating 216 layoffs. Four of Saltzer ...29 March 2024 -
27. Nearly half of health systems are considering dropping Medicare Advantage plans
... bottom of the food chain, and the food chain is not being fed," he said. In March, Bristol (Conn.) Health announced it was eliminating 60 positions, 21 of which are occupied and will result in layoffs ...22 March 2024 -
28. 5 California hospitals, health systems cutting jobs
... Ridgecrest Regional Hospital announced more layoffs to avoid closure. It is laying off 31 more employees, including seven licensed vocational nurses and four registered nurses, two months after it announced ...20 March 2024 -
29. No layoffs will come after 2-hospital acquisition, UCSF says
UCSF Health said it will not lay off staff should its $100 million purchase of Dignity Health's St. Francis and St. Mary's hospitals in San Francisco secure approval from state regulators, according to ...19 March 2024 -
30. California hospital to lay off 62
AHMC's San Gabriel (Calif.) Valley Medical Center is laying off 62 employees, according to regulatory documents filed with the state March 13. The layoffs are effective May 13. The 273-bed hospital ...18 March 2024 -
31. Walgreens lays off 646 workers
... will result in layoffs of 324 workers, while the Connecticut closure will affect 322 employees. Layoffs are expected to occur on or by May 17. "We expect these reductions in force to be permanent, and ...18 March 2024 -
32. Middle management's shaky futur
Middle managers are increasingly on the chopping block, Bloomberg reported March 15. In 2023, 31.5% of layoffs affected middle managers — nearly a 12 percentage-point increase from 2018, according ...15 March 2024 -
33. Pennsylvania hospital to close long-term care facility
... residents." The closure will result in an unspecified number of staff layoffs, but Bucktail said it is intending to place some of the affected staff into open positions and is working with its healthcare ...15 March 2024 -
34. Layoffs surge in California
... only to Nevada, which sits at 5.3%). The problem is fueled by a surge of layoffs in the state. Warn Tracker, which monitors WARN notices, reported that California has already seen 22,280 layoff notifications ...08 March 2024 -
35. Steward Florida hospital cuts staff, services
Miami-based North Shore Medical Center, part of Dallas-based Steward Health Care, has started conducting layoffs as part of cuts to some of its programs amid the health system's continued financial struggles. ...07 March 2024 -
36. Layoffs cool as hospital margins stabilize
Layoffs are slowing at hospitals and health systems as margins gradually improve, but CFOs continue to focus on controlling costs — particularly on the labor and supply fronts — to secure the long-term ...07 March 2024 -
37. VillageMD conducts layoffs amid closures
Walgreens' VillageMD is laying off some of its employees as it looks to exit the Illinois market, a spokesperson for the company confirmed to Becker's. "After careful consideration and analysis, we ...06 March 2024 -
38. Workforce trends CFOs must know
... Cushioning. This workforce trend describes employees who are looking for "plan B" jobs and who are networking or job board scanning to prepare for the possibility of layoffs. The job market is becoming ...06 March 2024 -
39. Kaiser conducts 2nd IT layoff
... Development Department. Affected employees were notified Feb. 26 about the layoffs. Permanent layoffs will take effect within 60 days of the notice. Kaiser told the news outlet that the layoffs are ...04 March 2024 -
40. Texas hospital leaders point to regulator issues for closure
... said. "There will definitely be layoffs. With the consolidation we just can't double up everywhere. Our human resources teams are really trying to pinpoint where to best utilize people that can be relocated." ...04 March 2024